4505 Colorado Street SE, Prior Lake, MN 55372

$375,000

4505 Colorado Street SE
Prior Lake, MN 55372
MLS# 7003679
3 beds | 2 baths | 2184 sqft

Totally remodeled Rambler on corner lot! Short walk to downtown Prior Lake!

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Corner lot within walking distance to Prior Lake.

Stylish new kitchen! Cabinets, countertops, SS appliances and all!

Informal dining and new kitchen rehab. Modern fixtures throughout.

Gorgeous hardwood flooring spans the entire main level.

Informal dining nook with elegant lighting. Double closet spaces in kitchen and dining area.

New paint, gleaming hardwood floors, new windows and so much more! Nothing left to do here.

New paint, gleaming hardwood floors, new windows and so much more! Nothing left to do here. (Virtually staged)

Full rehab shines with updated finishes, open living areas, and turnkey comfort in a fabulous Prior Lake location.

Primary bedroom. 3 bedrooms on the main level. Abundance of windows bring in a ton of natural light. Neutral paint and gorgeous hardwood flooring. (virtually staged)

Primary bedroom. 3 bedrooms ont he main level. Abundance of windows bring in a ton of natural light. Neutral paint and gorgeous hardwood flooring.

3 bedrooms on the main. Modern colors, gleaming hardwood floors.

3 bedrooms on the main. Modern colors, gleaming hardwood floors. Double windows in two of the bedrooms. (virtually staged)

3 bedrooms on the main. Modern colors, gleaming hardwood floors. Primary offers double windows making this space light and bright.

Updated bathrooms - New vanity, countertops, sink, tiled flooring and tiled shower.

Doors, trim, windows, fresh paint. Totally remodeled, move in ready if fantastic location.

Finished basement with lots of great spaces. New carpet, paint, doors. Totally remodeled for easy move in to make it yours. (virtually staged)

Finished basement with new carpet, neutral paint and great spaces.

Finished basement with lots of great spaces. New carpet, paint, doors. Totally remodeled for easy move in to make it yours.

Den / Flex Space. Fuseball or poker table anyone?

Office / Flex Room in basement. Virtually staged to imagine the possibilities.

Office / Flex Room in basement. Not legal bedroom (no egress)

Convenient basement 1/2 bathroom with new floor and fixtures.

Huge potential in great unfinished storage / flex areas in the basement. Future exercise / game room / workshop anyone?

New mechnicals! Furnace, AC, Water Heater.

Totally remodeled rambler featuring a full rehab throughout, just steps from downtown Prior Lake. Corner lot!

Private backyard fence offers opportunity for backyard patio retreat.

Totally remodeled rambler on corner lot featuring a full rehab throughout, just steps from downtown Prior Lake.

Totally remodeled rambler on corner lot featuring a full rehab throughout, just steps from downtown Prior Lake. New roof, siding, AC, mechanicals and so much more!

Lakes, parks, trails, downtown Prior Lake offers small-town charm with an active lake lifestyle. Close to downtown, you’ll enjoy walkable access to shops, dining, community events, and the lake’s parks, beaches, and recreational amenities.

Property Description
Total remodel, inside and out. Short walk to Downtown Prior Lake! This meticulously remodeled Rambler offers a fresh start with modern, stylish finishes throughout in one of Prior Lake’s most desirable locations. Just like new and completely rehabbed from top to bottom, the home features a long list of improvements including a new roof, siding, mechanicals, electrical, flooring, doors, paint, and updated kitchen and bathrooms—truly a turnkey opportunity. Enjoy easy living with 3 main-level bedrooms, gleaming hardwood floors, modern fixtures, and a fully finished basement offering flexible spaces and abundant storage. Just minutes from downtown Prior Lake, parks, trails, shops, dining, #719 Schools, Lakefront Park and many lake area amenities, this move-in-ready home delivers comfort, convenience, and a lifestyle you’ll love.

Details

Maps

Contract Information

Owner is an Agent?: No

Auction?: No

Status: Active

Contingency: None

Current Price: $375,000

Original List Price: 375000

ListPrice: 375000

List Date: 2026-01-08

Office/Member Info

Association: SPAAR

General Property Information

Common Wall: No

Lot Measurement: Acres

Manufactured Home?: No

Multiple PIDs?: No

New Development: No

Number of Fireplaces: 0

Waterfront Present: No

Year Built: 1961

Yearly/Seasonal: Yearly

Zoning: Residential-Single Family

Lot Dimensions: 90x60x89x60

Acres: 0.12

Bath Three Quarters: 0

Bath Half: 1

Bath Quarter: 0

Main Floor Total SqFt: 1092

Above Grd Total SqFt: 1092

Below Grd Total SqFt: 1092

Total Finished Sqft: 1689.00

FireplaceYN: No

Foundation Size: 1092

Style: (SF) Single Family

Garage Stalls: 1

Association Fee: 0

Bedrooms: 3

Baths Total: 2

Bath Full: 1

Total SqFt: 2184

Location, Tax and Other Information

AssocFeeYN: No

Legal Description: SUBDIVISIONNAME CITY OF PRIOR LAKE BLOCK 015 SUBDIVISIONCD 25001 N 60' OF LOTS 21 & 22

Listing City: Prior Lake

Map Page: 161

Municipality: Prior Lake

School District: Prior Lake-Savage Area Schools

School District Phone: 952-226-0000

Zip Plus 4: 2496

Property ID Number: 250011210

Tax Year: 2025

Tax Amount: 3392

In Foreclosure?: No

Potential Short Sale?: No

Lender Owned?: No

Directions & Remarks

Public Remarks: Total remodel, inside and out. Short walk to Downtown Prior Lake! This meticulously remodeled Rambler offers a fresh start with modern, stylish finishes throughout in one of Prior Lake’s most desirable locations. Just like new and completely rehabbed from top to bottom, the home features a long list of improvements including a new roof, siding, mechanicals, electrical, flooring, doors, paint, and updated kitchen and bathrooms—truly a turnkey opportunity. Enjoy easy living with 3 main-level bedrooms, gleaming hardwood floors, modern fixtures, and a fully finished basement offering flexible spaces and abundant storage. Just minutes from downtown Prior Lake, parks, trails, shops, dining, #719 Schools, Lakefront Park and many lake area amenities, this move-in-ready home delivers comfort, convenience, and a lifestyle you’ll love.

Directions: Hwy 13. Eagle Creek Ave SE (West). South on Duluth Ave SE. East on Colorado ST SE. Home on corner.

Accessible

None: 1

Air Conditioning

Central Air: 1

Amenities Unit

Hardwood Floors: 1

Kitchen Window: 1

Main Floor Primary Bedroom: 1

Natural Woodwork: 1

Tile Floors: 1

Washer/Dryer Hookup: 1

Appliances

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Range: 1

Refrigerator: 1

Washer: 1

Assessments

Assessment Balance: 0

Tax With Assessments: 3392

Assumable Loan

Not Assumable: 1

Basement

Concrete Block: 1

Full: 1

Storage Space: 1

Bath Description

Main Floor Full Bath: 1

1/2 Basement: 1

Building Information

Finished SqFt Above Ground: 1092

Finished SqFt Below Ground: 597

Construction Status

Previously Owned: 1

Dining Room Description

Breakfast Area: 1

Eat In Kitchen: 1

Informal Dining Room: 1

Kitchen/Dining Room: 1

Exterior

Brick/Stone: 1

Vinyl: 1

Family Room Characteristics

2 or More: 1

Family Room: 1

Lower Level: 1

Main Level: 1

Fencing

Partial: 1

Wood: 1

Foundation

Concrete Block: 1

Fuel

Natural Gas: 1

Heating

Forced Air: 1

Insurance Fee

Insurance Fee: 0

Laundry

In Basement: 1

Laundry Room: 1

Lower Level: 1

Sink: 1

Lease Details

Land Leased: Not Applicable

Lot Description

Corner Lot: 1

Public Transit (w/in 6 blks): 1

Tree Coverage - Light: 1

Miscellaneous Information

DP Resource: Yes

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 23x12

Garage Square Feet: 276

Garage Door Opener: 1

Patio, Porch and Deck Features

Front Porch: 1

Pool Description

None: 1

Road Frontage

City Street: 1

Street Lights: 1

Road Responsibility

Public Maintained Road: 1

Roof

Age 8 Years or Less: 1

Asphalt Shingles: 1

Sellers Terms

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Sewer

City Sewer/Connected: 1

Special Search

3 BR on One Level: 1

Main Floor Bedroom: 1

Stories

One: 1

Water

City Water/Connected: 1

Location Tax and Other Information

House Number: 4505

Street Name: Colorado

Street Suffix: Street

Street Direction Suffix: SE

Postal City: Prior Lake

County: Scott

State: MN

Zip Code: 55372

Complex/Dev/Subdivision: City of Prior Lake

Property Features

Accessible: None

Air Conditioning: Central Air

Amenities Unit: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Tile Floors; Washer/Dryer Hookup

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer

Assumable Loan: Not Assumable

Basement: Concrete Block; Full; Storage Space

Bath Description: Main Floor Full Bath; 1/2 Basement

Construction Status: Previously Owned

Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room

Exterior: Brick/Stone; Vinyl

Family Room Characteristics: 2 or More; Family Room; Lower Level; Main Level

Fencing: Partial; Wood

Foundation: Concrete Block

Fuel: Natural Gas

Heating: Forced Air

Laundry: In Basement; Laundry Room; Lower Level; Sink

Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light

Parking Characteristics: Garage Door Opener

Pool Description: None

Road Frontage: City Street; Street Lights

Road Responsibility: Public Maintained Road

Roof: Age 8 Years or Less; Asphalt Shingles

Sellers Terms: Cash; Conventional; FHA; VA

Sewer: City Sewer/Connected

Special Search: 3 BR on One Level; Main Floor Bedroom

Stories: One

Water: City Water/Connected

Room Information

Room Name	Dimensions	Level
Den	13x7	Lower
Family Room	21x11	Lower
First (1st) Bedroom	13x10	Main
Informal Dining Room		Main
Kitchen	18x11	Main
Laundry	24x19	Lower
Living Room	20x11	Main
Office	14x13	Lower
Porch		Main
Second (2nd) Bedroom	13x10	Main
Third (3rd) Bedroom	10x9	Main

Listing Office: RE/MAX Advantage Plus

Last Updated: January - 30 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.